Tag: energy

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Let's see the wood for the trees! EU automobile industry on a collision course

July 11, 2019, 1:47 pm
The European Automobile Manufacturers Association (ACEA) has published an exciting ‘Pocket Guide’ on the automobile industry, which reveals how many people worked in the sector, how many vehicles... 

Hungary to start repaying nuclear plant loan later

July 3, 2019, 9:09 am
Building the Paks 2 nuclear power plant is necessary in order to guarantee the safety of Hungary's power supply and to meet climate goals, so the 2009 decision is still justified, János Süli, minister... 

Hungary is really turning into a 'superpower' - New battery plant in sight

July 1, 2019, 1:58 pm
South Korea’s Inzi Controls is to build a battery manufacturing plant in Komárom, Hungary, with an investment of 14.8 billion forints, Hungary’s Minister of Foreign Affairs and Trade told... 

Hungary electricity consumption sets new record

June 28, 2019, 2:00 pm
Hungary’s electricity consumption reached a new record on Thursday, according to data by Mavir Hungarian Transmission System Operator. On Friday, Mavir reported a record-breaking electricity consumption.... 

Hungary Mol to raise fuel prices again

June 26, 2019, 4:04 pm
Hungarian oil and gas group Mol is to raise the wholesale list price of 95-octane gasoline by HUF 2 per litre and the price of diesel also by HUF 2 per litre on Friday. The average price of gasoline... 

Hungary to reduce waste through new strategy

June 25, 2019, 9:58 am
The goal of the new waste management strategy currently under preparation is to significantly reduce municipal waste from its current annual level of 3.8 million tons, Minsiter for Innovation and Technology... 

Hungary could become global biofuel powerhouse

June 24, 2019, 8:45 am
Hungary and the Visegrád countries have substantial untapped capacity in the use of field crops and other biomass in energy generation, so much so the Hungary and the entire region could become leaders... 

Construction of Croatian LNG terminal is in Hungary’s interest - minister

June 19, 2019, 3:23 pm
“The construction of the Croatian liquid natural gas (LNG) terminal on the island of Krk is in Hungary’s interests", Minister of Foreign Affairs and Trade Péter Szijjártó declared in Zagreb... 

EU urges Hungary to step up climate efforts

June 19, 2019, 10:58 am
As plans of European Union member states are currently falling short both in terms of renewables and energy efficiency contributions, reaching the EU's overall climate and energy goals will require a collective... 

Hungary to re-negotiate Paks 2 contract with Russia

June 18, 2019, 9:10 am
Hungarian Finance Minister Mihály Varga is holding talks in Moscow to amend the financing contract of the Paks 2 nuclear power plan between Russia and Hungary, atv.hu reported citing high-ranking government... 

Budapest spas install 1,000 solar panels using EU funds

June 17, 2019, 8:50 am
The energy modernisation of the Palatinus and Paskál spas in Budapest has been completed by the beginning of the summer season, for a combined cost of HUF 162 million, Budapest spa operator BGYH said on... 

China's CMC to start construction of mammoth solar park in Hungary

June 14, 2019, 3:35 pm
The China National Machinery Import & Export Corporation (CMC), specialised in the import and export of mechanical products, is to start the construction of a 100 megawatt photovoltaic power station, the... 

Hungary signs gas interconnection pipeline deal with Serbia

June 14, 2019, 2:59 pm
An intergovernmental agreement has been signed in Budapest on Friday about a co-operation regarding the construction and operation of a natural gas interconnection pipeline crossing the Hungarian-Serbian... 

Spectacular chart shows massive gasoline displacement by plug-in cars

June 14, 2019, 9:01 am
With the spread of plug-in vehicles, motor fuel savings have increased substantially in the last few years in the united States. According to a recent report from the Department of Energy’s (DOE)... 

Hungary Mol to slash fuel prices on Friday

June 12, 2019, 4:43 pm
Hungarian oil and gas group Mol is to lower the wholesale list price of 95-octane gasoline by HUF 9 per litre and the price of diesel also by HUF 9 per litre on Friday. The average price of gasoline... 

Barely known company may become Hungary's largest oil producer

June 11, 2019, 4:50 pm
The largest oil reserve of the last thirty years have been discovered in Hungary, in the Southern Transdanubia region. After scaling up production, the investing company could become the largest oil producer... 

Russian gas exports to Hungary jump

June 7, 2019, 5:29 pm
In addition to the contracted amounts, Hungary bought from Gazprom another two billion cubic meters of gas, which will be delivered in 2019, the Russian gas giant reported. Gazprom's supplies to Hungary... 

Hungary inks new natural gas deals with Russia

June 6, 2019, 3:50 pm
Hungary has signed new natural gas agreements with Russia on Thursday, announced Hungary’s Minister of Foreign Affairs and Trade. As a result of the agreements, the quantity of gas required to operate... 

Fuel prices fall drastically in Hungary, diesel-petrol gap shrinks further

June 6, 2019, 10:21 am
After a significant cut on Wednesday, the price of gasoline and diesel will decrease by a further HUF 9 and HUF 6 per litre, respectively, from Friday, dropping below the HUF 400 mark for the first time... 

Neglecting wind energy could cost Hungary HUF 25 bn

June 5, 2019, 10:09 am
As it currently stands, wind energy will not be included in Hungary's first ever renewable energy tenders, to be called this year, and excluding potential wind project developers from the auctions could... 
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